BOSTON INVESTMENT PROFESSIONALS ASSOCIATION INC

EIN: 273007606 Community Improvement

BOSTON, MA

Total Revenue
$252,407
Total Expenses
$317,510
Total Assets
$38,195
Net Assets
$33,430
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MA
Principal Officer
ADAM MCRAIG
Phone
5082509430
Tax Period
2024-01-01 to 2024-12-31

BOSTON INVESTMENT PROFESSIONALS ASSOCIATION INC, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $252K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $318K exceeded revenue, resulting in a 26% operating deficit.

Mission

TO ORGANIZE, PLAN, PROMOTE AND SUPPORT ACTIVITIES FOR ADVANCEMENT AND EDUCATION OF PROFESSIONALS IN THE INVESTMENT MANAGEMENT AND OVERSIGHT BUSINESS IN THE NEW ENGLAND AREA AND TO DEVELOP AND ENCOURAGE INVESTMENT MANAGEMENT PROFESSIONALS TO USE HIGHEST PRINCIPLES AND ETHICS IN THE PROFESSION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $252,407
Investment Income $0
Other Revenue $0
TOTAL REVENUE $252,407

Expense Breakdown

Grants Paid $17,100
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $312,511
Other Expenses $300,410
TOTAL EXPENSES $317,510

Year-over-Year Comparison

2024 2023 Change
Revenue $252,407 $301,500 -0.2%
Expenses $317,510 $304,528 +0.0%
Net Income $-65,103 $-3,028 +20.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID PAPPALARDO DIRECTOR 0.00
Director
$0 $0 $0
BRIAN CARROLL DIRECTOR 0.00
Director
$0 $0 $0
DAVID J BAUER DIRECTOR 0.00
Director
$0 $0 $0
CLAROY BRANTLEY DIRECTOR 0.00
Director
$0 $0 $0
MOLLY GIFFEN DIRECTOR 0.00
Director
$0 $0 $0
ASHBY HATCH DIRECTOR 0.00
Director
$0 $0 $0
EILEEN HAYES DIRECTOR 0.00
Director
$0 $0 $0
JENNIFER VACCARO DIRECTOR 0.00
Director
$0 $0 $0
PETER D ANDERSON PRESIDENT 0.00
Officer
$0 $0 $0
ADAM MCRAIG TREASURER 0.00
Officer
$0 $0 $0
STEPHEN GGARGANO SECRETARY 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $252,407 $317,510 $38,195 $-65,103
2023 $301,500 $304,528 $103,023 $-3,028
2022 $299,139 $268,658 $105,701 $30,481
2021 $115,000 $225,147 $74,970 $-110,147
2020 $167,850 $67,882 $184,680 $99,968
2019 $283,850 $286,329 $84,517 $-2,479
2018 $304,750 $299,212 $121,201 $5,538
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